S&P 500 Gains and Losses Today: Oracle Stock Surges Amid New AI Partnerships

Key TakeawaysThe S&P 500 rose 0.9% on Wednesday, June 12, 2024, as the Consumer Price Index inflation measure came in softer than expected and the Federal Reserve held interest rates steady.Oracle shares surged as the software giant provided a strong sales forecast and announced new artificial intelligence partnerships with technology giants.Shares of power generator Exelon slipped after Maryland rejected the firm's rate-cut proposal. Major U.S. equities indexes were mixed on a noteworthy day for economic n ...